Inflation, rates, oil fears savage market; Foster's $770m hit as CEO walks; Chinese funds cleared to buy in Australia; Ore giants urged to back rail rule or risk break-up; Gas insurers could hold the key to Burrup's $2.5b float
Chinese steel making giant Sinosteel has indicated it may not support the proposed merger between takeover target Midwest Corporation Ltd and Murchison Metals Ltd as questions are raised over the latter's asset quality.
Perth-based global drug delivery company, pSivida Ltd has received approval from the Federal Court of Australia for its reincorporation in the United States.
There was strong support from existing shareholders for West Perth-based iron ore explorer Polaris Metals rights issue which raised $11.6 million from a rights issue.
Perth-based directors of Gemcom Software International Inc, Tim Moore and Tony Packer, will pocket a combined $14.6 million from the sale of their interest in the company, after two US-based equity firms increased their takeover offer.
Burrup float faces delay over gas shortage; Smiles for Walker as Metex takes off; Fortescue seals China link with new board; Investors warned of oil spike dangers; Macquarie's investment fund loses $750m
Ausdrill Ltd today reaffirmed its opposition to Macmahon Holdings Ltd's takeover offer, saying directors and other shareholders with 39.1 per cent of its stock would not accept the offer.
West Perth-based metals explorer Reed Resources Ltd has received confirmed commitments to a capital raising that will fast track its Barrambie vanadium project.
Chinese steelmaker Sinosteel has laid out a further threat to Midwest Corporation Ltd's proposed merger with Murchison Metals Ltd, extending its takeover deadline by over a month.
Liontown, Bonaparte, Centaurus in trading halt Perth-based exploration companies Liontown Resources Ltd, Bonaparte Diamonds NL and Centaurus Resources Ltd have all entered trading halts.
Welshpool-based NRW Holdings Ltd is pleased to advise that the agreement between NRW and Simfer S.A, a wholly owned subsidiary of Rio Tinto, has been extended through to December 31 2009
West Perth-based Lion Energy Ltd, a wholly owned subsidiary of Lion International Investments Ltd, has entered into a share purchase agreement to acquire 20.7 million ordinary shares in Papua Petroleum Ltd.
BHP confident about EU showdown over Rio bid; Gas crisis: now industry is hit by electricity cuts; Midwest shares slump as more take Sinosteel cash; Fast money: how Opes director blew $40 million; Regulator fines Rio Tinto
Rio Tinto Ltd has paid a $100,000 fine to the Australian Securities and Investment Commission after it alleged the major had failed to adhere to disclosure provisions in its $US38.1 billion acquisition of Alcan Inc
Osborne Park-based Fairstar Resources Ltd can now concentrate on its takeover of neighbour Golden West Resources Ltd, after the sale of shares held by ANZ Bank in the wake of the Opes Prime disaster.
Funds management group, Viburnum Funds Pty Ltd has opened the Viburnum Private Equity Fund 2, a new fund targeting private equity investments in small to medium-sized enterprises in Western Australia.
Perth-based engineering services company Neptune Marine Services Ltd has delivered its new million construction support vessel and signed a $4.5 million letter of intent for its charter.
The takeover saga surrounding Midwest Corporation Ltd has taken another turn today as Chinese bidder Sinosteel seeks orders from the Takeovers Panel to prevent Murchison Metals Ltd and US company Harbinger capital from acquiring any more shares.
Subiaco-based Brockman Resources Ltd is targeting first ore production in late 2009 as it embarks on a hefty capital raising to accelerate development of its flagship Marillana iron ore project.
The market may be tired of hearing about Andrew Forrest's ever-growing paper fortune, but the continuing rise of Fortescue Metals Group Ltd is astounding.
Three months after it last revised its Capital Square project, developer Saville Australia is in discussions with four ASX-listed property investors with a view to selling the site.
Gage Roads Brewing Company co-founder Peter Nolin has embarked on a radical career change to take over from John Longley as CEO of the Fremantle Chamber of Commerce.
LIONS Eye Institute founder Ian Constable and Wesfarmers managing director Richard Goyder were among the winners at the 36th Annual Western Australian Citizen of the Year Awards, announced last weeken
Just a year ago, property owners with commercial office stock in Perth were basking in a sellers’ market, as investors clambered to take advantage of strong capital growth and rising rents.
